Static Fiscal Sustainability Analysis

Sustainability is a concept that brings up whether the budget deficits and debts are at excessive level. The analysis concerning sustainability can be divided into two basic parts as being static and dynamic. The approaches developed to evaluate whether deficit and debts are sustainable, are accounting approach, sustainability indicators approach and intertemporal budget constraint approach. In this study, the information about the static approaches that evaluate whether deficit and/or debts are sustainable is given.